The import volume of rare-earth metals, scandium, and yttrium to Brazil drastically declined from 2017 to 2021, with a compound annual growth rate (CAGR) reflecting a sharp negative trend. In 2017, imports stood at 122.78 thousand kilograms, and by 2021, they decreased significantly to 28.36 thousand kilograms. The year-on-year variation highlights a steep decline, underscoring diminished importation activity. This downward trend suggests potential shifts in Brazil's demand, supply chain reconfigurations, or substitution with alternative materials.
Looking toward the future, the focus should be on global supply chain dynamics, changes in international trade policies, and advancements in material substitution technology, all of which could influence Brazil's import volumes of these critical materials in the coming years.
